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+16615447793
Ilma's Inc.
16021 Olympiad, Van Nuys, CA 91406
- $725,000
- Sold Price
- $725,000
- List Price
- $615,000
- Closing Date
- Dec 11, 2025
- Status
- CLOSED
- MLS#
- PW25233810
- Year Built
- 1987
- Lot Size
- 6,986
- Acres
- 0.16
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 32
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
Auction - Fully-leased duplex with long term tenants. Unit 1 is 3BR/2.5BA and Unit 2 is 2BR/1.5BA. There is a 4-car attached garage and the units are separately metered with tenants paying electricity/gas. The property was built in 1987 and is 2,320sf on a 6,986sf lot. Located in a desirable area of Van Nuys near Vanowen and Woodley, west of the 405 Fwy. Below-market rents offer potential upside for this property.
Additional Information
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $58,800
- Operating Expense
- 4820
Listing courtesy of Listing Agent: Tiffeny Cook (tcook@tranzon.com) from Listing Office: Tranzon Asset Strategies.
Listing sold by Gassia Manouchehri from NONMEMBER MRML
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.